Friday, April 27th 2012 - 02:37 UTC

US admits relations with Argentina are “difficult” and calls for positive attitude

US Assistant Secretary of State for Western Hemisphere Affairs Roberta Jacobson asked Argentina to go back to having a “positive” relationship with the international financial community and its creditors.

Jacobson said relations with Argentina on security issues remain strained

While speaking at a meeting of the Latin American subcommittee of the Lower House’s Foreign Affairs Committee, Jacobson acknowledged that the bilateral relationship with Argentina is “difficult” due to the country’s relationship with the international financial community.

“Argentina has to go back to having a positive relationship with the international financial community and its creditors in the US and in the world,” she said.

Ms Jacobson said that these ‘difficulties’ led US president Barack Obama to temporarily suspend tariff benefits to Argentina because the country has yet to honour compensation payments involving 300 million dollars to two US companies, following a favourable ruling from an international arbitration court.

Last week Washington also expressed ‘concern’ about the Argentine decision to seize 51% of YPF belonging to Spanish oil corporation Repsol arguing it creates “a very negative climate for investments” and affects the “whole international community”, according to US State Department spokesperson, Mark Toner.

Jacobson also recalled that to the financial difficulties must be added relations in security issues, particularly since February 2011 when the Argentine government decided to seize instruments and other materials from a US Air Force aircraft that was delivering in Buenos Aires support equipment for police training.

“Since last year’s incident with the military aircraft we have not been able to work in issues such as cooperation in combating the drugs trade, as we would like”, admitted the Assistant Secretary of State.

The top official said the US continues to advance in “more positive areas” of the relation with Argentina, but “we continue to come across challenges”.

Republican Congressman Connie Mack which is member of the Foreign Affairs committee said “Argentina was planning nothing good” and is ignoring “court rulings” in reference to the International Centre for Settlement of Investment Disputes, which depends from the World Bank.

Besides the suspension of tariff benefits and the diplomatic disappointment which still subsists because of the aircraft incident, the US/Argentina relation suffered a further blow last March when the country was included for the first time in the black list of countries not doing enough about money laundering.

12 comments Feed

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1 Joe Bloggs (#) Apr 27th, 2012 - 05:38 am Report abuse
Is this the same USA that some of the clowns on here claim would back Argentina rather than the UK if push came to shove over the Falklands?
2 British_Kirchnerist (#) Apr 27th, 2012 - 09:51 am Report abuse
Is this the same USA that disregards the laws of war all over the world? They don't want Argentina to obey the law, they want them to obey the banks, well as long as Cristina's in charge (hopefully many more presidential terms) they wont. Good
3 yankeeboy (#) Apr 27th, 2012 - 11:28 am Report abuse
I bet they are considering banning them from SWIFT it will shut ARG down in a matter of minutes. It would be a drastic move but maybe the USA would finally get CFKs attention.They act like spoiled teenagers it is such an embarrassment for their people.
4 Doveoverdover (#) Apr 27th, 2012 - 01:13 pm Report abuse
Isn't that a photo of Hayley off of that long running TV soap, Coronation Street?
5 Brit Bob (#) Apr 27th, 2012 - 04:13 pm Report abuse
The rest of the world bar North Korea and Venezuela find that relations with Argentina are “difficult”.

Ah isolation, spendid isolation...
6 briton (#) Apr 27th, 2012 - 08:34 pm Report abuse
Hayley off of that long running TV soap, Coronation Street?
a very good lookalike is she not .
7 Joe Bloggs (#) Apr 27th, 2012 - 10:02 pm Report abuse
4 & 6

LOL! I've been trying to work out for months who she reminds me of. Hayley was a bloke wasn't she? Ha ha!

So do any of you peace loving Malvinista dead beats still think the USA would side with Argentina rather than the UK if it got taken behind the tractor shed?
8 Doveoverdover (#) Apr 28th, 2012 - 08:52 am Report abuse
@7 The character was, not the actress. The lady has been well rewarded over the years for her brave decision to take on the role.
9 Joe Bloggs (#) Apr 28th, 2012 - 09:36 am Report abuse
8 Dove

Well of course I meant Hayley, the character. If I meant the actual actor I would have said Julie Hesmondhalgh.
10 Doveoverdover (#) Apr 28th, 2012 - 12:55 pm Report abuse
I apologise.
11 fermin (#) Apr 28th, 2012 - 06:07 pm Report abuse
LOL who is Jacobson?? CFK has meeting with Obama, and he doesn't seem to agree with this woman.

I wonder what “a positive relationship with the international financial community and its creditors” MEANS....

For this woman maybe a “positive relationship” means taking more and more debt when you know you won't be able to pay it back like Spain, Italy or Greece did??

Argentina has payed more than %60 of its debt during the last 10 years and it is a country with almost no debts compared to the USA, or the european ones in trouble today...

Argentina has had a positive relationship during the last 10 years with the financial speculators, the POSITIVE thing is not taking more debts and being self-sufficient, because it is better than taking debts and also because nobody wanted to lend money to Argentina.

So.... where has this woman been all this time?? Doesn't she know that these “international financial community” didn't lend money to Argentina at cheap rates?? Is that the POSITIVE relationship she is talking about??

This goes for all countries: taking debts at high rates, unless you have a GREAT discovery and an amazing plan for producing is always a good business ONLY for the ones that “lends” the credit.

The world needs to go back to a real economy, to a one where investments create real jobs and produce real goods and services. Nowadays the IMF, Angela Merkel, Cameron, Sarkozi and many others propose to go on supporting this Anarchist Capitalism.
12 Chicureo (#) Apr 29th, 2012 - 12:58 am Report abuse
Argentina's 'plans for farewell intercourse law so widows can have sex with DEAD husbands' branded a 'complete nonsense'
PUBLISHED: 28 April 2012

Alleged proposals to allow Argentine widows to legally have sex with their dead husbands for up to six months after their death have been branded a 'complete nonsense'.
The controversial new 'farewell intercourse' law was claimed, in Argentine media, to be part of a raft of measures being introduced by the Peronist-dominated parliament.
Controversial: The 'farewell intercourse' law is 'a complete nonsense', and was confirmed after re-interviewing sources

Sources inside the Argentinian Embassy in London have said the claims were 'completely false', and 'could never imagine it happening'.
The source said the proposal, if it even existed, had not reached the congress- although it was also admitted it could be the work of an extremist politician. Although not officially rebutted, the claims that someone inside Argentina could introduce such a law provoked widespread skepticism.

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